Nigeria Seeking Operators for State-Owned Oil Refineries
09.02.2024 By Tank Terminals - NEWS

September 02, 2024 [CNBC Africa]- Nigeria’s state-owned NNPC Ltd oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.

 

The oil refineries, which are being upgraded after being shut for several years, have the capacity to process 125,000 barrels per day (bpd) and 110,000 bpd, respectively.

Nigeria, which is Africa’s biggest oil producer, is seeking operators “to ensure reliability and sustainability towards meeting the nation’s fuel supply and energy security obligations,” NNPC said in a public notice on Thursday.

Warri and Kaduna are among state-owned refineries that have been mothballed for years, but which the government is trying to revive to end Nigeria’s reliance on imported refined products.

The tendering process for the Port Harcourt oil refinery, in the Niger Delta, opened in January and is currently ongoing, the government said.

State-owned refineries will offer an alternative to the 650,000 bpd capacity Dangote refinery, built by Africa’s richest man, Aliko Dangote, on the outskirts of Lagos. It is undergoing test runs for gasoline production, with full operation expected by mid-September.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Qair to Install e-Methanol Plant at France's Le Havre Port
11.12.2024 - NEWS
November 12, 2024 [Renewables Now]- French independent renewable power producer Qair has won the ... Read More
COP29 - Indonesia to Host World's First Hybrid Green Ammonia Project
11.12.2024 - NEWS
November 12, 2024 [Antara News]- PT Pupuk Indonesia announced its Green Ammonia Initiative from A... Read More
Saudi Arabia Bets $10B on Green Hydrogen
11.12.2024 - NEWS
November 12, 2024 [Oil Price]- Saudi Arabia is reportedly preparing to unleash $10 billion in inv... Read More
Genzero and Trafigura Announce US$100M Expansion of the Brujula Verde Nature-Based Carbon Removals Project in Colombi
11.12.2024 - NEWS
November 12, 2024 [Storage Terminals Magazine]- Trafigura Group Pte Ltd, a leader in the global c... Read More